37 Evergreen Avenue, Old Orchard Beach, ME 04064

New Listing
$495,000
Property Type: Multi-Family Baths: 2 Square Footage: 2,272 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $495,000 List Date: 3/10/2026 Last Modified: 3/11/2026

Description

This duplex offers an outstanding investment opportunity just minutes from the beautiful shoreline of Old Orchard Beach, Maine. Ideally located within walking distance to the beach, this property combines strong rental appeal with immediate income potential. The property features two well-maintained residential units: Unit One offers a spacious and versatile layout with four bedrooms plus a dedicated office, providing ample room for comfortable living, remote work, or additional storage needs. The unit also includes basement storage, adding valuable functionality for tenants. Unit Two features one bedroom and one full bathroom, along with additional living space in a finished porch area. This flexible bonus area is ideal for use as a home office, sitting room, or extended living space. Both units are currently occupied by long-term tenants with leases in place through November 2026, providing stable, immediate rental income for the new owner. Additional highlights include off-street parking and generous yard space, further enhancing tenant convenience and overall property appeal. With its strong rental history, desirable location, and proximity to the beach, this duplex presents a compelling opportunity for investors seeking reliable income in one of Southern Maine's most popular coastal communities. Showings require 24-hour notice. Please reach out for additional information or to schedule a private showing.

Supplements: ********

More Information MLS# 1653793

Location Information

Book: 18534 Leased Land: No Page: 0779 Map: 311 Block: 13 Lot: 4 Zoning Overlay: No Association: No Tree Growth Y/N: No Street #: 37 Street Name: Evergreen Street Type: Avenue County: York Town: Old Orchard Beach State/Province: ME Zip Code: 04064 Zip +4: 2047 Zoning: Res Full Tax Amount $: 4487 Tax Year: 2024 Geo Lat: 43.513137 Geo Lon: -70.385467

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Number of Units: 2 Deed/Conveyance Type Offered: Quit Claim Deed: All Deed Restrictions: Unknown Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.11 Total Baths: 2 Total Half Baths: 0 Color: Green Road Frontage: No SqFt Finished Above Grade: 2272 SqFt Finished Below Grade: 0 SqFt Source: Public Records Furniture: Unfurnished Garage: No Garage Spaces: 0 Total Full Baths: 2 Year Built: 1900 SqFt Finished Total: 2272 Source of Acreage: Public Records

Levels

Multi-Level: 1

Site

Level: 1 Well Landscaped: 1

Location

Intown: 1 Near Town: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: No Water View: No

Recreational Water

Nearby: 1 Public: 1

Style

New Englander: 1 Other: 1

Construction

Wood Frame: 1

Structure Type

Duplex: 1

Basement

Full: 1 Unfinished: 1

Foundation Materials

Block: 1

Exterior

Aluminum Siding: 1

Roof

Shingle: 1

Heat System

Hot Water: 1 Steam: 1

Building Info

# Stories: 2 # Floors: 2 # Heating Units: 2 # Water Heaters: 2

Heat Fuel

Electric: 1 Oil: 1 Propane: 1

Income & Expenses

Gross Income: 36000 Operating Expenses: 4100

Cooling

None: 1

Floors

Carpet: 1 Vinyl: 1

Units

# of 1 BD Units: 1 # of 4+ BD Units: 1

Parking

1 - 4 Spaces: 1 Off Street: 1

Unit 1

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1750 # Full Baths: 1 # of Rooms: 7 # of Bedrooms: 4 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: No Water: No

Electric

Circuit Breakers: 1

Unit 2

Lease: Yes Level: First Security Deposit: Yes Monthly Rent: 1250 # Full Baths: 1 # of Rooms: 4 # of Bedrooms: 1 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: No Heat: No Range: Yes Refrigerator: Yes Sewer: No Water: No

Utilities

Utilities On: Yes

Gas

Bottled: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Paved: 1

Basement Entry

Interior: 1

Water Heater

Tank: 1

Amenities

Laundry - Hookup: 1 Storage: 1

Vehicle Storage

No Vehicle Storage: 1

Contract Information

Status: Active Original List Price: 495000 List Price: $495,000 Current Price: $495,000

Property Features

Site: Level; Well Landscaped Location: Intown; Near Town; Neighborhood Roads: Paved; Public Recreational Water: Nearby; Public Style: New Englander; Other Structure Type: Duplex Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Interior Foundation Materials: Block Exterior: Aluminum Siding Roof: Shingle Heat System: Hot Water; Steam Heat Fuel: Oil; Propane Water Heater: Tank Cooling: None Floors: Carpet; Vinyl Amenities: Laundry - Hookup; Storage Driveway: Paved Parking: 1 - 4 Spaces; Off Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
Listing Office: Keller Williams Coastal and Lakes & Mountains Realty
IDX
Last Updated: March - 11 - 2026
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